Valista names new CEO

Digital payment technology company Valista Ltd. named a new CEO, promoting former Vice President of International Sales Arlene Adams.
The Dublin, Ireland-based firm said founder and current CEO Raomal Perera will become executive chairman and continue to play an “active, day-to-day role” at Valista. Adams, whose resume includes stints at Sun Microsystems Inc. and IBM Corp., joined Valista last year.
Valista has gained ground selling digital commerce solutions to AOL, Leap Wireless International Inc., Vodafone Group plc, NTT DoCoMo Inc. and others. The new chief is charged with tapping emerging opportunities in IPTV, video games and other platforms, according to Perera.
“Arlene has a deep understanding of the opportunities and challenges facing all stakeholders in the multi-channel content value chain-from media and entertainment companies and content producers to telecoms operators and ISPs,” Perera said. “She has been instrumental in developing a media and entertainment strategy and has helped shape new revenue models.”